Business Details
Your Trusted Accounting Partner in Mitchell, SD
ELO CPAs & Advisors has served South Dakota and beyond for over 40 years, building a reputation as a trusted partner in accounting and business advisory services. Our team of 80+ professionals delivers expertise in tax, audit, wealth management, and business consulting, tailored to clients across industries including agriculture, healthcare, and nonprofits. We prioritize personalized service, leveraging decades of experience sitting alongside clients to solve complex challenges.Our commitment extends to community support and continuous professional development, ensuring we remain at the forefront of industry standards. Clients consistently highlight our responsiveness, technical knowledge, and ability to connect financial strategy with long-term business goals.
Services
Business Consulting
Tax Services
Wealth Management
Client Accounting
Audit & Assurance
Agri-Business Tax
Retirement Planning
Payroll Processing
Financial Statements
Succession Planning
Highlights and features
- We have over 40 years of experience in accounting and advisory services.
- Our team of 80+ professionals provides personalized client attention.
- We specialize in industry-specific expertise for agriculture, nonprofits, and healthcare.
- We combine technical excellence with strategic financial planning.
- We invest in continuous professional development and advanced technology.
Associations and certifications
- AICPA
What people say
Expertise
Responsive service
Personalized solutions
Trusted reputation
Industry knowledge
Services
Business Consulting
Our business consulting services deliver strategic guidance for operational improvement, succession planning, and growth strategies. We specialize in helping owners identify inefficiencies, implement scalable processes, and navigate complex transitions. With experience across manufacturing, nonprofits, and healthcare, we provide actionable insights to enhance profitability and long-term sustainability.
Tax Services
ELO's tax services ensure compliance while optimizing financial outcomes for individuals and businesses. Our CPAs provide year-round tax planning, entity structuring, and regulatory compliance across corporate, agribusiness, and personal tax scenarios. We combine technical proficiency with proactive strategies to minimize liabilities and maximize opportunities.
Client Accounting
Our client accounting services handle day-to-day financial operations including QuickBooks support, payroll processing, and financial reporting. We offer scalable solutions from transactional support to CFO advisory, ensuring accurate records and data-driven decision-making through cloud-based tools and certified ProAdvisors.
Audit & Assurance
ELO provides audit and assurance services with a focus on regulatory compliance and risk management. Our AICPA-member team conducts comprehensive evaluations of financial statements, internal controls, and operational processes, delivering reliable insights for stakeholders. We serve industries including government, nonprofits, and employee benefit plans.
Wealth Management
Our wealth management services integrate financial planning with tax strategy to grow and protect client assets. Through RIA Advisory Group, we offer portfolio management, retirement planning, and tax-efficient investment strategies tailored to individual goals and business needs.
People
Jay Tolsma
Managing Partner
Jay leads ELO's strategic direction with a focus on client-centric service and professional development. With decades of experience, he emphasizes collaborative leadership and community engagement while maintaining technical excellence in accounting practices.
Jonathan Guenthner
Practice Leader, Agribusiness
Jonathan combines agricultural expertise with accounting proficiency to serve farming clients. His 20+ year career focuses on agribusiness tax strategies, succession planning, and operational consulting for family-owned farms and agricultural enterprises.
Houstyn Heinz
Practice Leader, Wealth Management
Houstyn specializes in integrating tax strategy with investment planning as a CFP and CPA. He develops customized wealth solutions for individuals and businesses, emphasizing tax-efficient growth and retirement planning for long-term financial security.
Lucas Hauert
Practice Leader, Assurance
Lucas oversees audit services with expertise in compliance and risk assessment. He leads engagements for government entities, nonprofits, and corporations, ensuring financial transparency and adherence to regulatory standards through rigorous auditing methodologies.
Jamie Eldeen
Practice Leader, Advisory Services
Jamie directs business consulting initiatives with a focus on operational efficiency and strategic growth. His background spans manufacturing and healthcare sectors, delivering M&A advisory, process optimization, and financial modeling solutions for clients nationwide.
Questions
What accounting services do you offer for small businesses?
We provide full-cycle accounting including QuickBooks support, payroll processing, financial reporting, and CFO advisory tailored to small business needs.
How does your tax planning differ from other firms?
Our approach combines year-round tax strategy with business consulting, ensuring compliance while optimizing financial outcomes specific to your industry.
Can you assist with agricultural business accounting?
Yes, we specialize in agribusiness with experts handling farm tax compliance, succession planning, and operational consulting for agricultural enterprises.
What audit services do you provide?
We conduct financial audits, internal control assessments, and compliance reviews for nonprofits, government entities, and corporations using AICPA standards.
How do you support business succession planning?
Our consultants develop transition strategies including buy-sell agreements, leadership development, and tax-efficient ownership transfers for smooth business transitions.
What sets your wealth management apart?
We integrate investment strategy with tax planning, using personalized portfolios and retirement models to maximize after-tax returns and long-term growth.
